Dividend Asset Turnover from 2010 to 2024

DGS Stock  CAD 7.18  0.09  1.27%   
Dividend Growth Asset Turnover yearly trend continues to be very stable with very little volatility. Asset Turnover is likely to grow to 0.10 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Dividend Growth Split uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.09601591
Current Value
0.1
Quarterly Volatility
0.10209394
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dividend Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dividend Growth's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 970.7 K or Total Revenue of 63.1 M, as well as many indicators such as Price To Sales Ratio of 3.59, Dividend Yield of 0.0565 or PTB Ratio of 0.82. Dividend financial statements analysis is a perfect complement when working with Dividend Growth Valuation or Volatility modules.
  
This module can also supplement various Dividend Growth Technical models . Check out the analysis of Dividend Growth Correlation against competitors.

Pair Trading with Dividend Growth

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dividend Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dividend Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dividend Stock

  0.76ASM Avino Silver GoldPairCorr

Moving against Dividend Stock

  0.65VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Dividend Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dividend Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dividend Growth Split to buy it.
The correlation of Dividend Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dividend Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Growth Split moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dividend Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dividend Stock

Dividend Growth financial ratios help investors to determine whether Dividend Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dividend with respect to the benefits of owning Dividend Growth security.